Guides

What a foreign buyer needs to know before paying for a business in Korea, written by a government-licensed management consultant.

• Guide · 9 min read

  Key Money (권리금) in Korea: What It Is, How It Is Priced, and How Not to Overpay

  Buying a shop in Korea usually means paying the outgoing owner key money on top of the lease deposit. Here is what you are actually paying for, how the price is justified, and the taxes that follow.

• Guide · 8 min read

  Visa First or Business First? The Right Order for Foreigners Buying a Business in Korea

  The most expensive mistake foreign buyers make is signing for a business before the visa route is settled. Here is the order that works for each visa, and how to structure the contract so the visa is a condition, not a gamble.

• Guide · 10 min read

  How to Buy a Café in Korea: Step by Step from NDA to Handover

  A café is the most common first business for foreign buyers in Korea. This is the full sequence: budget, financial checks, the lease, the key money contract, permits and the handover, with the documents to ask for at each step.

• Guide · 9 min read

  Comprehensive Business Transfer (포괄양도양수) and VAT: How Taxes Work When You Buy a Business in Korea

  Whether 10 percent VAT applies to the purchase of a Korean business depends on how the deal is structured. This guide explains the comprehensive transfer exception, the withholding tax on key money, and what each side files.

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